INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • Dubai Ports World and Saudi Ports Authority (Mawani) have come together to expand the capacity of Jeddah Islamic Port.

    The development work will be carried out in four phases, with the project scheduled to be completed by 2024

    It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships

  • ACWA Power shares can be traded on Tadawul from Monday.

    ACWA Power will be allowed a daily price fluctuation limit of 30 percent and a static price fluctuation limit of 10 percent both ways

    After three days, the daily price fluctuation limit of 30 percent will come down to 10 percent, while the static price fluctuation limit will not apply

  • Tata had founded the airline as Tata Air in 1932, with the first flight piloted by Tata's eponymous chairman himself....

    The government is also selling a 50 percent stake in Air India SATS Airport Services, which provides cargo and ground handling services.

    New Delhi is seeking to lease state-owned assets to the private sector to raise $800 billion.

  • Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021,...

    On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600

    Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period

  • YouTube Music trails rivals Spotify, Amazon and Apple. The company said in June it has paid more than $4 billion...

    Spotify had 32 percent of the global music streaming market in the first quarter of this year.

    The overall number of streaming music service subscribers climbed more than 19m to a total of 487m in Q1.

  •  The United Arab Emirates will aim to achieve net-zero emissions by 2050, a plan commensurate with the country’s 2050 Strategic...

    UAE aims to reach net zero greenhouse gas emissions by 2050

    The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact

  • FedEx Express is a subsidiary of FedEx Corp.

    FedEx Express will invest more than SAR1.5 billion ($400 million) into the Saudi economy over the next 10 years

    This investment will be through talent management as well as local operations and infrastructure

  • The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from...

    The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from content that denies climate change

    The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change

  • Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from...

    These will be direct flights from the UAE to Brazil’s Amazon and the Northeast regions

    Brazil’s tourism minister has said more Brazilians would love to visit the UAE once the new flights are launched

  • The network, called the AD SME Tribe, will enable the growth of enterprises through community-focused guidance.

    The new initiative reportedly aims to create a dedicated community through which SMEs can connect with stakeholders

    These stakeholders may include service providers, policymakers, and Abu Dhabi’s priority sector leaders

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